Events, data and analysis from the Baltic economies
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Poland has signed a PLN 4.08 billion net contract to modernise the Białystok–Ełk section of Rail Baltica, moving one of the largest remaining Polish sections of the corridor into the construction phase. PKP Polskie Linie Kolejowe signed the…
Global tugboat operator Boluda Towage has established a company in Lithuania as it explores possible operations at the Port of Klaipėda. Boluda Towage Lithuania was registered in Vilnius on September 14 by the group’s Dutch entity Boluda Finance.…
July interrupted Estonia’s return towards export parity with Latvia. But the underlying numbers show why gross export growth alone gives an incomplete picture of the Baltic economies. In August, Baltic Focus asked whether Estonia was about to reclaim…
PhotoVilniaus Duona, part of Sweden’s Lantmännen Unibake group, has started producing three new portion-bread products in Vilnius for export to Denmark.
Latvia-based equipment rental group Storent Europe has raised €12.96 million in a public bond offering across Latvia, Lithuania and Estonia, exceeding its initially planned €10 million issue.
A growing number of Estonian restaurants are closing despite sector turnover continuing to rise, pointing to a profitability problem rather than a simple collapse in demand.
NATO fighter jets have shot down a drone that entered Lithuanian airspace from the direction of Belarus, triggering air alerts and temporary restrictions at Vilnius Airport.
London-listed minerals group SigmaRoc has agreed to acquire Lithuanian dolomite producer AB Dolomitas for €110 million, strengthening a Baltic platform that already includes operations in Lithuania, Latvia and Estonia.
Latvia / Baltics · Energy / M&A · 11 September 2026 Latvenergo has opened a public selection process for wind or hybrid power projects with a combined capacity of up to 250 MW, marking another step in the…
Latvia · Agriculture & Food · 13 September 2026 Latvia’s potato season has turned from optimism about yields to concern about whether part of the crop can be harvested at all. In July, growers told Latvian public broadcaster…
airBaltic has entered a US court-supervised Chapter 11 restructuring after months of attempts to stabilise its finances. Flights continue and the airline has commitments for €350 million of new financing. The procedure now has to answer a more…
PhotoEstonia · Energy / Industry / Regulation · 10 September 2026 Estonia has backed a European Commission proposal that would slow the reduction of free carbon allowances for industrial heat and fuel processes under the EU Emissions Trading…
Latvia · Defence / Technology / Investment · 11 September 2026 Defence AI company NestAI is opening a research and development centre in Latvia, with a target of investing €10 million over the next few years. The company…
Lithuania · Investment · 10 September 2026 Lithuania is expanding the incentives available to large investment projects, including easier access to state-owned land. The Seimas approved amendments on September 10 allowing qualifying large investors to receive reductions in…
Lithuania / Estonia · Agriculture & Investment · 8 September 2026 Estonian investment group Infortar has agreed to acquire 100% of Lithuanian agricultural group Litagra through its subsidiary Infortar Agro. Litagra comprises 34 companies and employs almost 400…
PhotoLatvia · Energy · 9 September 2026 Renewable-energy developer Sunly has qualified up to 100 MW of capacity to participate in Latvia’s electricity balancing market. Latvia’s transmission system operator AST has prequalified Sunly Hz to provide manual Frequency…
PhotoFood prices are falling across the Baltics while fuel costs are rising. Yet annual inflation in August ranged from 1.5% in Estonia to 3.2% in Latvia and 6.1% in Lithuania. The difference lies less in the direction of…
PhotoBaltics · Transport & Infrastructure · 9 September 2026 A joint Baltic tender for regional trains to operate on Rail Baltica has ended without a single compliant bid. Passenger operators Elron, Vivi and LTG Link are seeking up…
PhotoEstonia · Defence & Governance · 2–7 September 2026 Problems in Estonia’s rapidly expanding defence procurement system have moved from contract disputes into a broader governance and political issue. Defence Minister Hanno Pevkur resigned after National Audit Office…
PhotoŠkoda Group has bought 36% of L-Ekspresis
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